Kudakwashe Tagwirei is a Zimbabwean business person with vast interests in the energy sector. He's the founder and current Chief Executive Officer of Sakunda Holdings Group. His father, Phineas Tagwirei passed away in 2018 after he succumbed to prostate cancer at Trauma Centre in Borrowdale. His father's death halted government business as virtually all ministers abandoned their workstations to attend his burial including Emmerson Mnangagwa and Constantino Chiwenga.
It is widely believed that Tagwirei has strong ties to prominent politicians in ZANU PF as his company has been involved in government projects such as Command Agriculture Scheme in unclear circumstances.
Tagwirei founded Sakunda in 2005. He is also linked to Landela, which is a subsidiary of commodity trading firm, Sotic International Ltd. The company is a joint venture partner in the Russian-led Darwendale platinum mine project. In October 2019, a statement issued by Great Dyke Investments (GDI), the company developing the mine, announced that Landela and Afromet JSC now have equal 50% stakes in the project. Afromet JSC is 100% owned by Russia’s investment and industrial group Vi Holding, which had spearheaded the Darwendale project since its inception in 2013.
Furthermore, in July 2019, it was reported that Tagwirei possibly held about 30% shares of one of Zimbabwe's largest banks, CBZ Holdings.
LARGE FOREIGN CURRENCY ALLOCATION PER MONTH
In October 2018, Christopher Mutsvangwa said that Kudakwashe Tagwirei received the bulk of the foreign currency allocations from the Reserve Bank of Zimbabwe yet he does not earn any forex himself. Mutsvangwa in defence of his statement, said that Tagwirei’s business takes away money from the people who earn the actual foreign currency such as tobacco farmers and gold panners.
Tagwirei is credited for mobilizing finance for government’s Command Agriculture. The programme is said to be an illegal parallel programme of the State, specifically designed to pursue a narrow electoral agenda, specifically securing a Zanu PF victory at the 2018 elections.